Thursday , 28 March 2024

Economy

Tehran, Moscow set to broaden economic cooperation

PayvandNews – The 14th meeting of Iran-Russian Joint Economic Committee wrapped up on Tuesday with signing a cooperation document by Iranian Finance and Economic Affairs Minister Masoud Karbasian and Russian Economic Development Minister Maxim Oreshkin in Moscow.

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Iranian lawmakers block cuts to cash handouts

Al-Monitor – The discontinuation of cash handouts for a large segment of Iranians has become a controversial issue in the initial draft budget for the next Iranian year (beginning March 21). Some suggest that this prospect contributed to the grievances that caused the protests in late December. On Feb. 22, the new framework of cash handouts was finalized as part …

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Iran prepares to boost jobs, clean air by revamping auto fleet

Al-Monitor – Major Iranian urban centers have seen unprecedented air pollution in recent years. According to officials, it is caused primarily by the many cars on the streets, with heavy vehicles including trucks and buses emitting 63% of air-polluting particles. An estimated 350,000 dilapidated heavy vehicles, according to the traffic police, are particularly large producers of pollutants. These vehicles also consume more fuel than newer vehicles. Aging cars, meanwhile, consume 60% …

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